fundings
fundings
Funded Amount: $400,000
Type: Townhouse
Lender: B to Conventional A
Location: Maple Ridge, BC
Loan-to-Value (LTV): 70%
Value: $571,500
townhouse financing
The client is self-employed and initially required a stated income program through a B-lender to complete the purchase in 2025.
While this allowed them to move forward, it came with:
The Problem
From day one, we built a strategy to help the client get ahead - not just close the deal.
We worked closely with the client and their accountant to:
The Solution
- Lowering their interest rate significantly
- Eliminating B-lender fees at renewal
- Improving long-term financing stability
- Strengthening their borrowing profile for future investments
Outcome & Key Takeaways
- Properly structure and report income
- Align financials with A lender guidelines
- Prepare well in advance of the renewal
Before the B-lender renewal, we transitioned the file to a major bank, securing conventional financing at A rates.
This move allowed the client to get ahead by:
- Higher interest rates
- Lender fees
- A short-term solution heading into renewal
Without a plan, they would have been stuck renewing on the B side again, continuing to pay elevated costs.
What started as a B-lender solution became a planned transition to prime financing, turning a short term approval into a long-term win.
Funded Amount: $400,000
Type: Townhouse
Lender: B to Conventional A
Location: Maple Ridge, BC
Loan-to-Value (LTV): 70%
Value: $571,500
Townhouse financing
The client is self-employed and initially required a stated income program through a B-lender to complete the purchase in 2025.
While this allowed them to move forward, it came with:
The Problem
From day one, we built a strategy to help the client get ahead - not just close the deal.
We worked closely with the client and their accountant to:
The Solution
- Lowering their interest rate significantly
- Eliminating B-lender fees at renewal
- Improving long-term financing stability
- Strengthening their borrowing profile for future investments
Outcome & Key Takeaways
- Properly structure and report income
- Align financials with A lender guidelines
- Prepare well in advance of the renewal
What started as a B-lender solution became a planned transition to prime financing, turning a short term approval into a long-term win.
- Higher interest rates
- Lender fees
- A short-term solution heading into renewal
Without a plan, they would have been stuck renewing on the B side again, continuing to pay elevated costs.
Before the B-lender renewal, we transitioned the file to a major bank, securing conventional financing at A rates.
This move allowed the client to get ahead by:
